BUS 207 - Business Law 1

Credits: 3
Lecture Contact Hours: 3
Description: In this course you will learn how a business is impacted by the legal environment. You will be introduced to the key principles of business law including contracts, sales transactions, legal processes of crimes and torts, consumer rights and real-world cases showing these principles in action.

Prerequisites: ENG 101 or minimum score of 22 ACT-English, 29 SAT-Writing and Language, 108 CPT-Sentence Skills or 276 NGA-Writing.
Corequisites: None.
Recommended: None.

Course Category: Occupational
This Course is Typically Offered: Winter, Spring, Fall
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Course Competencies

Demonstrate the function of law.
Discuss the various sources of law.
Explore the relationship between business law, business ethics and corporate social responsibility.
Differentiate between the respective legal process of a crime and a tort.
Prescribe the appropriate components of a valid and enforceable contract.
Evaluate the contractual rights and duties of third parties.
Determine when a contract is deemed performed and remedies for failure to perform.
Investigate liability-related issues in business transactions.
Examine methods to perfect types of securities.
Differentiate between creditors and debtor’s rights in different types of bankruptcies.